Chairman of the Pakistan Petroleum Dealers Association (PPDA), Malik Khuda Bakhsh, has welcomed Prime Minister Shehbaz Sharif’s vision of making Pakistan one of the world’s major economies by 2050 and promoting the effective utilization of the country’s mineral resources.

He said that while investment in the mineral sector was important, equal attention should also go to the petroleum, oil marketing, petroleum dealership, and electric vehicle (EV) charging infrastructure sectors. Creating a business-friendly environment, ensuring policy continuity and encouraging local and foreign investment in these sectors would help generate employment, strengthen energy infrastructure and support economic growth.

Malik Khuda Bakhsh emphasized the need for value addition, industrial processing and long-term policies to promote investment and industrial development. He expressed confidence that continued economic reforms and public-private sector cooperation would help Pakistan achieve greater economic self-reliance and its long-term development goals.